Replies to post #76256 on JB and ZJMY Holding Co (JBZY)

[xZx]

that's incorrect. a company cannot sell shares directly into the market to raise cash. that is totally illegal. only a note holder can sell shares issued from convertible debt.

based on the filings, the only note holder on DOLV is the shell broker. period.

and how much of the $14,115 note is left to convert? based on the OS increases we've seen over the last few months, he is probably nearly done selling. jmho.

[Havoc23]

Nope. Seems the note finished converting.

$14k note = 140 million shares

OS was about 650k back in February.

Now it's 790k

That's almost exactly the note amount.

[CaniDon]

My thoughts are possibly the old TA has returned illegally acquired shares and the company decided not to retire them just add them to the O/S. So another reason that there is no need for a R/S at this time. We're all good??

Any thoughts?